PPP Loan information for Demco new york corp.

$1,396,200

Demco new york corp. was initially approved for PPP Loan of amount $1,396,200, the current approved amount is $1,396,200. The loan was approved on 04/07/2020 by The NBT Bank, National Association reported 98 jobs and $1,396,200 was used to fund payroll.

Demco new york corp. is Existing or more than 2 years old

DEMCO NEW YORK CORP.

Date Approved

04/07/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

DEMCO NEW YORK CORP.

Borrower Address

6701 Manlius Center Rd

Borrower City

EAST SYRACUSE

Borrower State

NY

Borrower Zip

13057-2834

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1396200.00

Current Approval Amount

1396200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49989

Servicing Lender Name

NBT Bank, National Association

Servicing Lender Address

52 S Broad St

Servicing Lender City

NORWICH

Servicing Lender State

NY

Servicing Lender Zip

13815-1646

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EAST SYRACUSE

Project County Name

ONONDAGA

Project State

NY

Project Zip

13057-2834

CD

NY-22

Jobs Reported

98

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

174525.00

Payroll Proceed

1047150.00

Mortgage Interest Proceed

0.00

Rent Proceed

174525.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

49989

Originating Lender

NBT Bank, National Association

Originating Lender City

NORWICH

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1405763.01

Forgiveness Date

12/28/2020

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